AAPL's earnings are a big red flag. One that should be seriously taken into consideration.  Apple enjoys one of the highest loyalty levels among their customers and many not yet customers aspire to own their products, so when they see weakness and currency winds that are mighty challenging, imagine how other companies are coping.  I plan to remain on a very defensive mode in my work 401K.

Ericson reported this morning and the reaction is not positive, their earnings are weak, revenue is dropping.  This makes it two quarters in a row that it disappoints.  ERIC dropping 5%+ in pre-market. ERIC's results do not bode well for NOK, IMO.  That said, they do present a good buying opportunity.  I may add if it drops heavily after its earnings.